Every Monday, ORRA’s Monday Morning Quarterback Report gives you a snapshot of the previous week’s market activity, including sales, prices, days on market, and much, much more.

Monday Morning Quarterback for August 25th, 2024 – August 31st, 2024

Single-family existing homes

• Sales of single-family homes increased to 501 during the week of August 25, from 424 the week prior
• The median price of single family homes decreased to $420,000 a change of -2.3%
• The number of single-family home foreclosure transactions remains constant at 2
• The number of single-family short-sale transactions decreased to 0 from 1 the week prior
• Single-family inventory decreased by 41, and now sits at 7,371.

Condos, townhomes, and villas

• Sales of condos, townhomes, and villas increased to 148 during the week of August 25, from 120 the week prior
• The median price of condos, townhomes, and villas increased to $310,750 a change of 11.5%
• The number of condo, townhome, and villa foreclosure transactions decreased to 0 from 1 the week prior
• The number of condo, townhome and villa short-sale transactions remains constant at 0
• Condo inventory decreased by 8, and now sits at 3,657.

Want to understand the Orlando market like a pro? Full report offers a deeper dive: https://www.orlandorealtors.org/mmq

https://www.orlandorealtors.org/mmq

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